Reykjavik

Iceland · Price calendar

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Dorm beds in Reykjavik, Iceland range from $23 to $393/night over the next 3 months. HostelHawk tracks 12 properties. Cheapest upcoming dates: Sep 1, Sep 2, Sep 3.

Tap a date to see hostels available that night.

July 2026
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+5%/−5% = price change over the last 7 days for that check-in date

likely to drop on 27 dates — select a date · sign up free to see how much

Hostel prices in Reykjavik, Iceland

A typical dorm night in Reykjavik runs about $39.

Across the upcoming months, September tends to be the cheapest month (from $23/night) and August the most expensive (from $47/night).

Hostels we track in Reykjavik

Local knowledge for Reykjavik

Where to stay

Most hostels sit along or just off Laugavegur, the main street running through the 101 district. That location puts you within walking distance of Hallgrímskirkja, the Harpa concert hall on the waterfront, and nearly every restaurant and bar worth visiting.

Getting around

  • Kolaportið, the weekend flea market near the old harbor, sells second-hand lopapeysa wool sweaters for a fraction of what the souvenir shops on Laugavegur charge. It runs Saturday and Sunday.
  • Take the Flybus from Keflavik Airport to BSÍ bus terminal rather than a taxi. The taxi fare is roughly four to five times the cost of the bus, and the bus drops you close to the main hostel area.
  • Alcohol at bars is expensive enough to noticeably affect your budget. Vínbúðin, the state-run liquor store with locations in the city center, sells spirits and beer at much lower prices before you head out.

When to go

Hostels are cheapest in April, May, and late September through October. June through August fills up quickly, especially around the summer solstice, so expect higher prices and low availability if you wait.

Frequently asked questions

How much does a hostel in Reykjavik cost per night?

Dorm beds in Reykjavik currently range from $23 to $393/night based on the next 3 months of availability.

When are the cheapest dates to book a hostel in Reykjavik?

Based on current data, the cheapest upcoming dates for hostels in Reykjavik are September 1, September 2, September 3.

How many hostels does HostelHawk track in Reykjavik?

HostelHawk currently tracks 12 hostels in Reykjavik, Iceland.

What's the cheapest month to book a hostel in Reykjavik?

Based on current availability, September has the lowest hostel prices in Reykjavik, with dorm beds from $23/night.

Where do backpackers stay in Reykjavik?

Most hostels sit along or just off Laugavegur, the main street running through the 101 district. That location puts you within walking distance of Hallgrímskirkja, the Harpa concert hall on the waterfront, and nearly every restaurant and bar worth visiting.

What is the best time of year to visit Reykjavik?

Hostels are cheapest in April, May, and late September through October. June through August fills up quickly, especially around the summer solstice, so expect higher prices and low availability if you wait.